There is a possible break down of BTCUSDT, as shown in the chart we can see a Triangle pattern if it breaks lower than the Triangle we can see a downward trend to 16,300. Otherwise it would not be valid.
Comment:
16,700 would be a nice price for a short ;-)
Comment:
Seems that the BTC price entered a range motion and this idea may not be valid anymore.
Trade closed: target reached:
Target reached, but took a little longer than what I expected.